The aim of the technical analyst, as I see it, is to discern at the time what will be obvious to the educated eye in hindsight. For me this requires keeping an open mind and being ready to discard or promote pattern scenarios, without sentimentality or bias, as price action confirms or undermines those scenarios. By the end of a move the structure has generally become obvious, but the earlier that structure can be identified the bigger the advantage gained in trading it. (more…)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Reading Price Richard Wyckoff-Style
A road map for all Wyckoff price action is available that can be applied to all charts and price action. (more…)